ROWAN COUNTY— With the economy top of mind for many North Carolinians, President and CEO of the Federal Reserve Bank of Richmond Tom Barkin talked about current market trends with labor, inflation and affordability. Sponsored by Salisbury Academy, the October Rowan Chamber Power in Partnership breakfast hosted a fireside chat between Barkin, Catawba College…
Centene has accused federal regulators of giving it bad grades on some of its senior health plans— a move the firm said could cost it $448 million in revenue next year. Centene's 46 rated plans largely earned 3- star or 3.5- star ratings. Three of Centene's plan got 4- star ratings.
Wall Street's main indexes closed lower on Friday even as technology shares steadied somewhat to end a turbulent week for the market-driving AI trade, and investors looked ahead to a busy slate of corporate earnings and a Federal Reserve interest-rate policy meeting. Next week, about one-third of S&P 500 companies report quarterly results, including…
Oct. 23— It is now easier than ever for Washington residents to prepare for the devastating financial consequences of flooding, a news release from the Federal Emergency Management Agency stated this week. Residents can visit FEMA's Community Status Book at https://tinyurl.com/ymnxw37s to see if their community participates. Through the National Flood…
In the week following Hurricane Isaias' landfall in Destin, initial damage estimates from insurers and state officials show the storm dealt a significant financial blow to northwest Florida. Hurricane Isaias made landfall Oct. 9 as a Category 2 hurricane and is blamed for at least six deaths in Florida. Santa Rosa County accounted for 22,894 claims, followed by…
Millions of Americans lost their health insurance this year when Obamacare premium subsidies disappeared. Many small families found that their health insurance costs quadrupled— pricing them out of the market. Many of these uninsured work for small businesses that do not offer health insurance.
SHAMOKIN— E&S Insurance Group announced the opening of its new office at 525 N. Market St., bringing personalized insurance services and local support to individuals, families, and businesses throughout the Coal Region. Founded by Colin Seedor and Brock Evert, E&S Insurance Group was built on the belief that insurance should be personal, approachable and…
Alderman Andy Hawkins said the city paid approximately $7 million in premiums over the previous 12 months, while the insurance carrier paid out $9 million in claims. "That we paid in approximately $7 million in premiums last 12 months as of a couple months ago and the carrier had paid out $9 million… because of every $1 million that we go over, $8.5 million is what we…
BENTON HARBOR— Low-income people without health insurance have a new place to seek health care in Benton Harbor– and it's called Southwest Bridge Health. Lisa Fink said she had a soft opening in June and is holding an open house 4-6 p.m. on Tuesday, Oct. 27, at the clinic at 100 W. Main St., Benton Harbor. Fink said she worked as a board-certified internal medicine and…
Florida homeowners got an important ruling Thursday from the Florida Supreme Court. Florida Justice Reform Institute President William Large said he was disappointed by the ruling but that it should put to rest any future disputes as to whether a law, insurance-related or otherwise, can be applied retroactively. The underlying case involves a lawsuit…
A life insurance company, one of the investors reportedly hit by a more than $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take control of the…
